Frank McSorley
Buying Mother-in-Law's house??
My wife and I are considering buying my Mother-in-Law's 3 family house in MA. She's retired and no longer needs the tax advantage of home ownership. My wife and I make around $120,000 and have been getting killed on t...
Michael C.
Best methods for acquiring rental properties?
Hello Everyone... new to the website as well as real estate investing... I'm trying to pull together a list of must read books as well as take in suggestions and advice from experienced investors.
What is the best ...
L Y
Question on Owner Occupancy, Rent, Seasoning
My wife and I are under contract to purchase a property (single family home on tax record) that has a guest house. Both the guest house and the main house are currently rented out by the current owner.
Being a young ...
Frank McGovern
What are the pros and cons of being an agent and a wholesaler?
I just go into wholesaling earlier this year. Closed my first two deals within the past 5 weeks. I just got my RE license yesterday. I figured it would be good to have the license for many reasons including the MLS ac...
Bryan Hancock
Is There Value In Having So Many Intermediaries Between Borrowers and The Secondary Market For Mortgages?
Fannie and Freddie are obviously doing a terrible job of assessing risk for borrowers with their mounds of prescribed paperwork. Apparently the Danes allow borrowers to access loans via the secondary market directly w...
Jeff Tumbarello
FRB_MoneySuppy_1959-2009_090609 - The Future With Some Disgusting Clarity
So, I was doin' what I do when sleep doesn't happen... I shoulda
knocked myself out instead.
This fresh-off-the presses FRB Report can be found at:
http://www.feder...
Account Closed
Can you use the tenant's dowpayment to pay the landlord
When you do a sanwhich lease, you have to give the landlord a downpayment, right? (Sometimes). Can you use the downpayment you'll receive from the tenant and give it to the landlord?You wouldnt have to use your own mo...
Michael Choe
Heading to Cleveland, Recommended Areas
Hello all, My first post here. I am in the process of getting getting an investment property Cleveland Area. I should note, I am in California and really don't know anything about Cleveland area. Now, I have a my fir...
Benjamin Branson
Buying an occupied property with no leases
I'm buying a property out of state. The current owner has no lease with the current tenants. He has done no background check, no credit check. He manages the property himself and collects rent in person. The tenants t...
Matthew Orton
Michigan SEV Calculations
I have an opportunity to buy a student housing property that was sold a few years ago for $8M, at a reduced price of ~$5M due to Covid and a few other issues. The property has an SEV close to 50% of the original $8M p...